Fraud is a deliberate act that involves using deception to gain advantage from a position of trust or authority.

Fraud can happen in any organisation, regardless of size or type of business. It can affect not only a Company financially but also, its reputation.

Theft is also a problem for Companies and it’s not limited to just stealing of money and products.

Theft can be in the form of:

·         unauthorised discounts to friends and family,

·         undercharging,

·         altering files or creating false ones,

·         theft of intellectual property,

·         fraudulent refunding,

·         workers receiving gifts or commissions from suppliers,

·         recording false work hours, and

·         using company time for personal matters. 

It is Managements responsibility and in their best interest to ensure workers understand what behaviour is acceptable and what is not.